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- 👀 ONE thing we're watching this weekend
👀 ONE thing we're watching this weekend
PLUS: Balaji's investment thesis
GM everyone. This is 2036. We scroll for gems all day so you don’t have to.
Today is Favorite Friday, where we serve up the resources we most enjoyed this week 🍲.
So if you're looking for content to dig into this weekend, this is your list...

Balaji Srinivasan is both the ideological godfather of 2036 and one of the most respected voices in tech (not sure which label he’d be more proud of).
He:
holds a Ph.D. in electrical engineering from Stanford
co-founded and sold a clinical genomics company for $375M
bought bitcoin at $10 and taught one of the first courses on bitcoin
was formerly the CTO at Coinbase and a general partner at a16z
i.e. he’s an all-round cognitive powerhouse.
This week, Eric Jorgenson (author of the excellent Almanack of Naval Ravikant) released a book about Balaji - his most significant life lessons and outlooks on business and the future.
It’s (obviously) a banger, and I cannot recommend it enough.
[If you’re not entirely convinced, Balaji was on the Ranveer show this week. Of course, it was awesome.
If you’re like me, you probably hadn’t heard of the show despite its 6.4M subs. That’s a testament to one of Balaji’s investment theses: by 2030, most English speakers on the Internet will be Indians.
Yet most Westerners are unaware of this.]
Arthur Hayes dropped another essay this week.
This time, however - I gotta warn you - it’s dense and slightly technical.
If you prefer a shortcut, check out this excellent summary of Arthur’s piece written by Jay.
It’s short and easy to read.
Speaking of Jay, he also just published a great essay on Coinbase stock ($COIN).
$COIN tanked -17% this week but remains an interesting way to get exposure to crypto through your brokerage account.
$COIN is up +122% year-to-date.
Yesterday:
Sam Bankman-Fried testified at his own trial (and it didn’t go well)
Bloomberg dropped a 🔥 documentary on SBF
We’ve been waiting patiently for the documentary. And if you’re curious about crypto, fraud, FTX (or all of the above) - you should check it out. We’re for sure making it mandatory weekend watching.
It’s the story of the biggest financial fraud in history. To narrate it, Bloomberg interviewed the most legit people and biggest grifters in the crypto space.
Gotta love the controversy.
And if you enjoy controversial crypto tales, you’ll probably also enjoy this story of the man who lost $235 million of bitcoins… but doesn’t want it back.

The #Bitcoin side of my feed has tremendous comment liquidity- I write something about it and get an *immediate* response by the hundreds or more.
Bear/Bull- I haven't seen this in years. It's different than sentiment; it's volume. Comment numbers, broadly.
Here's a thread. 🧵
— Lyn Alden (@LynAldenContact)
3:58 AM • Oct 24, 2023
Guess what I bought more of this week
— jay (@0xjaypeg)
10:00 PM • Oct 26, 2023
#Bitcoin's price action is still closely following past cycles.
We also saw explosive $BTC momentum around this stage (600-800 days post-ATH) in prior cycles.
— Miles Deutscher (@milesdeutscher)
8:23 AM • Oct 26, 2023
Performance of Major Assets and Asset Classes, by @BitwiseInvest
— Alex Krüger (@krugermacro)
5:23 PM • Oct 25, 2023
I don't make the rules.
— Steven (@Dogetoshi)
9:29 PM • Oct 25, 2023
GBTC now up 222% year to date.
There were people who tried to tell me I was dumb for doing this trade.
Too funny.
— Mike Alfred (@mikealfred)
3:11 PM • Oct 25, 2023
A fren just asked me about the preparatory steps I'd take for upcoming bull market... Here's what I said:
Preparations for me are really honing in on my mistakes in the last cycle and avoiding them.
7 things I did wrong: 🧵👇
— redphone ☎️🧙🏻♂️ (@redphonecrypto)
6:56 PM • Oct 24, 2023
ETH is probably the best 6 to 12m long among large cap assets now when BlackRock applies for spot ETH ETF 6 to 12m down the road. Ethereum's ESG friendliness and native staking yield will be appealing to institutional investors should BTC spot ETF turn out to be a success.
— Arthur (@Arthur_0x)
5:57 AM • Oct 24, 2023



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